Goldman Sachs kept its Neutral rating on ASMPT (00522) and its target price at HK$177, after visiting the company's booth at SEMICON Taiwan on September 3 and reviewing its latest advanced packaging developments. The bank said ASMPT showcased advanced packaging solutions for artificial intelligence, high-performance computing, silicon photonics and co-packaged optics applications, including thermocompression bonding, hybrid bonding and its MEGA platform for high-precision multi-chip assembly. Goldman said it views ASMPT's advanced packaging business positively, citing the shift toward smaller pitches and continued expansion in GPU, ASIC, high-bandwidth memory and HPC markets, according to ETNet.

CICC kept C&D International Group (01908) at Outperform and left its target price unchanged at HK$22.3, saying the company’s first-half 2026 results were in line with expectations. ETNet reported that revenue fell 48% year on year to RMB17.8 billion, but gross margin rose 1.4 percentage points to 14.3%, extending the improvement trend seen since 2025. Core net profit attributable to shareholders of the parent company declined 13.5% to RMB790 million, while the core net margin increased 1.8 percentage points to 4.4%. The report said C&D International booked RMB520 million in inventory impairment charges, up from RMB390 million a year earlier, while investment income from the completion of the Xiamen Hubinli project rose to RMB900 million from RMB400 million. Interest-bearing debt fell 10% year on year to RMB82.8 billion, with 46% of that from shareholder loans, while cash rose 10% to RMB61.8 billion. Its financing cost dropped 20 basis points from the start of the year to 3%, a record low. Sales for the first half of 2026 came in at RMB63.8 billion, down 10% year on year, but the company rose two places to No. 5 among China's top 100 developers. It had five lighthouse projects on sale, with an average sell-through rate of 67% as of end-August, and some prices were 10% to 15% above nearby rivals. C&D International also added land with a cost of RMB29.6 billion and potential value of RMB51.9 billion, and its available saleable resources stood at RMB209.2 billion at end-June.

Several Qatari liquefied natural gas tankers are heading back toward the Persian Gulf, according to Bloomberg, in a possible shift ahead of a resumption of exports through the Strait of Hormuz.

Goldman Sachs said China Merchants Bank's second-quarter results were solid, with pre-provision operating profit and net profit both beating its estimates, driven by stronger-than-expected fee income and investment gains. The bank said weak retail loan demand was offset by corporate lending, which supported overall credit growth and kept core earnings resilient. Goldman also said investors will continue to focus on retail asset quality and provision coverage, while noting that China Merchants Bank's 14.1% CET1 ratio, ongoing capital accumulation and steady balance-sheet growth should support shareholder returns over time, according to ETNet. Goldman raised its 2026-2028 operating profit forecasts for China Merchants Bank by an average of 2.6% and kept its buy rating on the lender's A shares and H shares. It lifted the H-share target price to HK$59.28 from HK$52.49 and the A-share target price to RMB55.24 from RMB53.81.

Fomo co-founder Se Yong posted on X that “nfts are back” and shared two NFT images. According to Odaily, he also said in the comments that while some people like to use profits to buy watches, he personally prefers digital products. Community members speculated that Se Yong may be hinting that Fomo could support NFT trading in the future.

ETH could trigger $829 million in cumulative long liquidations on major centralized exchanges if it falls below $2,372, according to Coinglass data. According to ChainCatcher, if ETH rises above $2,621, cumulative short liquidations on major CEXs would reach $606 million.

Binance Futures will end the Last Price Protected (LPP) period on the USDⓈ-Margined TACUSDT Perpetual Contract, with the Mark Price shifting gradually from the LPP mechanism to the standard Mark Price calculation starting 2026-09-07 06:00 (UTC), according to a Binance announcement. The transition may take up to three hours depending on price volatility and the availability of a stable index price, and uses a mark price smoothing process to limit sudden moves. Trading is not affected during the transition, and open orders and positions will not be cancelled. Once the LPP period ends, the Mark Price will be calculated as the median of Price 1, Price 2 and the Contract Price, following the standard USDⓈ-Margined Futures formulas. The funding rate will then revert to standard perpetual contract rules, with the funding rate cap widening from +0.005%/-0.005% to +2.00%/-2.00% at 2026-09-07 06:00 (UTC): the cap stays at +0.005%/-0.005% as of 04:00 UTC and moves to +2.000%/-2.000% from 08:00 UTC onward. The funding interval will change from every four hours to every one hour once a funding settlement reaches the +2.00%/-2.00% cap. Binance said it may adjust the contract's specifications — including funding fee, tick size, maximum leverage, and initial and maintenance margin requirements — from time to time based on market risk conditions, and that the English version prevails over any translations.

Berlin’s state government refused to pay a €2 million ($2.3 million) ransom after Rhysida hackers stole sensitive data from two departments. The group later published around 5.8 terabytes of data on the dark web, with authorities now investigating what information was exposed.

"A Meme Coin" quickly raised $100 million, Robinhood's new way of pairing meme coins with US stocks, and the industry war it sparked.

Meme, Robinhood Chain, Hyperliquid, DEX, and FOMO are all the rage, but I advise you to avoid FOMO. According to Jinse Finance, most people lose money; only the platforms and big players make steady profits.

OpenAI's chief scientist published a lengthy article titled "An Alien Mind." The article argues that AI is nurtured, not created. Even those who create it don't fully understand it.

Rhysida published 1,439,893 files from the Berlin state government on the dark web, totaling nearly 6 terabytes in size.

OpenAI has released detailed data on how its AI models are accelerating research within the company. Furthermore, OpenAI officially announced that it has achieved its goal of "automating AI research interns" and aims to achieve fully automated AI researchers by 2028.

The seemingly strong U.S. jobs figures quickly translated into upward pricing in the market for a possible Federal Reserve rate hike in September. This discrepancy is the result of the combined effects of the current U.S. monetary policy framework, the inherent structure of employment data, and the statistical revision mechanism.

Over the past year, some of the world’s most radical tech companies have been quietly conducting organizational experiments: deploying AI agents on a large scale.

AI has fundamentally changed the CISO role — from server room specialist to boardroom executive with direct lines to the CEO

Tokenized Stocks, RWA, Stablecoins, DeFi, AI Agents, Financial Containers: Tokenization of Capital Markets (Jinse Finance) - Tokens will be to the capital market what containers are to global trade.